Fannie, Freddie, FHA Extend Single-Family Eviction Moratorium Through Sept. 30

Housing Finance

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) are extending the moratorium on single-family real estate owned (REO) evictions until Sept. 30, 2021. The REO eviction moratorium applies to properties that have been acquired by an Enterprise through foreclosure or deed-in-lieu of foreclosure transactions.

The current moratorium was set to expire on July 31, 2021.

Separately, the Federal Housing Administration (FHA) announced that it is extending its foreclosure-related eviction moratorium for foreclosed borrowers through Sept. 30, 2021. This extension ensures borrowers with FHA-insured mortgages are not immediately displaced from their homes as well as provides them more time to apply for federal, state, or local housing resources or request assistance from a HUD-approved housing counseling agency.

Finally, the U.S. Department of Agriculture Rural Development is extending its moratorium on evictions through Sept. 30, 2021 for the Single Family Housing Direct Loan Program.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe